As posted by TechCrunch.
Neat, a Hong Kong-based startup that gives startups and SMEs access to credit cards and banking services has pulled in $3 million in fresh funding.
The new round is led by China-based VC Linear Capital with participation from Hong Kong’s Sagamore investments and existing backers Dymon Asia Ventures and Portag3 Ventures . Neat previously landed a $2 million seed round earlier this year.
In a nutshell, the company offers quick access to prepaid Mastercard-based cards and basic banking services. Cards are charged at around $7.50 per month, with varying prices on incoming, outgoing and international payments. There is also a consumer option, which is much like European startups Monzo, Starling and Revolut, but Neat is more focused on business users… Continue reading here…